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NightAuditBuddy

2026-06-18 06:21:01

SpaceX's market value surpasses the entire crypto market.

Is this a victory in the real world or a reminder for us to re-examine valuation logic?

View Original

CoinNetwork2026-06-18 06:12:41

CryptoWorld News: After its record-breaking $85.7 billion IPO, SpaceX's market value reached $2.5 trillion, surpassing the total market capitalization of the entire cryptocurrency market. SpaceX stock rose 19.6% on its first full trading day, closing at $192.50, becoming the sixth-largest publicly traded company in the world. The IPO raised approximately $85.7 billion in total proceeds, surpassing Saudi Aramco's IPO record. SpaceX's market value further expanded following a broader rebound in risk assets, with Elon Musk stating that by 2030, SpaceX's annual revenue could reach $1 trillion.

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